Pakistan's Forex Reserves Increase by USD 553.30 Million

By MG News | November 12, 2020 at 06:20 PM GMT+05:00

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November 12, 2020 (MLN): Pakistan's Forex Reserves increased by USD 553.30 Million or 2.86% and the total liquid foreign reserves held by the country stood at USD 19,906.90 Million on Nov 06, 2020.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 557.90 Million. The increase in reserves is mainly attributed to receipt of US$ 500 million as GOP loan proceeds.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Nov 06, 2020	Oct 29, 2020	Change	% Change
State Bank of Pakistan	12,740.50	12,182.60	557.90	4.58%
Net Foreign Reserves Held by Banks	7,166.40	7,171.00	-4.60	-0.06%
Total Liquid Foreign Reserves	19,906.90	19,353.60	553.30	2.86%

Amount in USD Million

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